How does a defined benefit pension plan differfrom a defined contribution plan?
What will be an ideal response?
A defined benefit (DB) pension plan is one of two types of pension plans provided by plan sponsors such as corporations and government entities for their employees. The other type is a defined contribution (DC) pension plan. DB pension plans differ from DC pension plans in that the retirement benefits of the former are the liabilities of the sponsor.
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The possibility that a bank's loan customers might not repay their loans is known as
A. withdrawal risk. B. default risk. C. interest-rate risk. D. foreign-exchange risk.
A company's prime costs total $4,500,000 and its conversion costs total $5,500,000. If direct materials costs are $2,000,000, calculate the overhead costs:
A. $2,500,000. B. $3,500,000. C. $3,000,000. D. $1,000,000. E. $2,000,000.
Punctuate the sentence correctly. If I buy the tickets at the box office suggested Reed we can avoid the online service charge
When marginal cost is equal to marginal revenue, the firm should
A. produce more to increase profits. B. produce less to decrease total costs. C. stop producing additional units to maximize profits. D. provide discounts to encourage purchases. E. intensify distribution to increase sales.